Director/PDMR Shareholding

Frontier IP

31/03/2025 13:02

RNS Number : 9589C

Frontier IP Group plc

31 March 2025

 

RNS

AIM: FIPP

31 March 2025

 

Frontier IP Group plc

 

("Frontier IP" or the "Group")

 

Director/PDMR Shareholdings

 

 

Frontier IP (AIM: FIPP), a specialist in commercialising intellectual property, announces that it was informed on 28 March 2025 that, on 27 March 2025, Jacqueline McKay (Chief Operating Officer) sold 61,224 ordinary shares of 10 pence each ("Ordinary Shares") at a price of 24.5 pence per Ordinary Share. Jacqueline McKay immediately repurchased a total of 61,224 Ordinary Shares (being equal to the total amount of shares sold) for her SIPP at a price of 24.5 pence per Ordinary Share. Following these transactions, Jacqueline McKay's total beneficial interest in the Company remains unchanged at 316,426 Ordinary Shares.

In addition, the Company was informed on 27 March 2025 that, on 27 March 2025, Matthew White (Chief Commercialisation Officer) sold 89,286 Ordinary Shares at a price of 23 pence per Ordinary Share. Matthew White immediately repurchased a total of 89,286 Ordinary Shares (being equal to the total amount of shares sold) for his SIPP at a price of 23.03 pence per Ordinary Share. Following these transactions, Matthew White's total beneficial interest in the Company remains unchanged at 89,286 Ordinary Shares.

The notification and public disclosure of transactions by persons discharging managerial responsibilities in accordance with the requirements of the EU Market Abuse Regulation, which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018, is appended below.

 

ENQUIRIES

 

Frontier IP Group Plc
Neil Crabb, Chief Executive
Andrew Johnson, Communications & Investor Relations
Company website:www.frontierip.co.uk
T: 020 3968 7815neil@frontierip.co.uk
M: 07464 546 025
andrew.johnson@frontierip.co.uk
Allenby Capital Limited (Nominated Adviser)
Nick Athanas / Dan Dearden-Williams
T: 0203 328 5656
Singer Capital Markets (Broker)
Charles Leigh-Pemberton / James Fischer
T: 0207 496 3000

 

ABOUT FRONTIER IP

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1) Jacqueline McKay
2) Matthew White
2
Reason for the notification
a)
Position/status
1) Chief Operating Officer
2) Chief Commercialisation Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Frontier IP Group plc
b)
LEI
213800BRYUKQPJWKJ312
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 10p each in Frontier IP Group Plc
Identification code (ISIN) for Frontier IP Group Plc ordinary shares: GB00B63PS212
b)
Nature of the transaction
Purchase and sale of Ordinary Shares
c)
Price(s) and volume(s)
Transaction
Price(s)
Volume(s)
1)Sale of shares
1)24.5 pence
1)61,224
1)Purchase of shares
1)24.5 pence
1)61,224
2)Sale of shares
2)23 pence
2)89,286
2)Purchase of shares
2)23.03 pence
2)89,286
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transactions
27 March2025
f)
Place of the transaction
London Stock Exchange

 

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